TAQA Bratani's North Sea Contender Well Hits Oil
TAQA Bratani has made an oil discovery at the Contender exploration well in the North Sea, its partners in the well announced Monday.
Calgary-headquartered Antrim Energy (which has an 8.4-percent interest in Contender) reported in a statement that the well, located in UK Northern North Sea Block 211/22a, had found net oil pay in excess of 60 feet after the well had been drilled to a total depth of 16,903 feet. The well was encountered in Jurassic Brent sandstones where the total Brent oil column exceeded 112 feet, with no water-bearing sands identified.
Further reservoir evaluation is being undertaken, said Antrim. Should the discovery be commercial, the field will be developed under the name 'Cormorant East' and production will be processed through the North Cormorant platform.
In a separate statement, Anglo-Norwegian oil junior Bridge Energy (which holds a 4-percent interest in Contender) confirmed that it was working with its partners to further define the size of the reservoir.
"This news comes during an exciting period for Bridge where, in addition to the Contender well, in Norway we also have operations ongoing in the PL554 Garantiana well, along with the commencement of drilling operations on the PL457 Asha/Noor prospect later this month," commented Bridge CEO Tom Reynolds in a statement.
TAQA is the operator of the Contender well with a 60-percent interest, while Dana Petroleum and First Oil Expro also have holdings.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- ITEM Club: More Jobs Losses Expected in NE Scotland due to Oil Slump
- Shell Q&A: What Makes an Ideal Employer in Oil, Gas?
- Shell Takes First Place in Rigzone's Inaugural Ideal Employer Survey
- UK Government 'Must Recommit' to Oil, Gas Sector in Autumn Statement
- UK Government Gives Go-Ahead for Fracking in NW England
- Gunvor CEO Sees Russian Refining Capacity Taking Hit from Drone Strikes
- These Factors Helped Brent Oil Price Break Above $85
- Sinopec Engineering Posts Higher Annual Petrochemicals Revenue
- Imperial Pipeline in Winnipeg Goes Offline for Three Months
- Gaz System to Acquire Gas Storage Poland
- Subsea7 Secures Contract to Service Woodside's Trion
- Adnoc Inks Supply Deal for Ruwais LNG Project with Germany's SEFE
- EIA Boosts USA Crude Oil Production Forecasts
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- EIA Drops 2024 Henry Hub Gas Price Forecast
- EIA and Standard Chartered Offer Up Latest Oil Price Predictions
- Red Sea Region Sees Another Watershed Incident
- Chevron Oil Project in Kazakhstan to Cost $48.5B
- OPEC Voices Encouragement after IEA Affirms Support for Oil Security
- Biden Govt Bares Strategy for Freight Charging, Hydrogen Fueling Infra
- Rystad Looks at the Buzz Around White Hydrogen
- Ukraine Hits Third Russian Refinery In Escalating Drone Strikes
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Is Peak Oil Demand Close?
- Vessel Sinks in Red Sea After Missile Strike
- JP Morgan, Standard Chartered Reveal Latest Oil Price Forecasts
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Rystad Forecasts Net Production of Top Permian Producers in 2024
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension